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- France industrial production fell sharply in June
France industrial production fell sharply in June
National Institute of Statistics and Economic Studies (Insee) said, in June 2019, output slipped back sharply in the manufacturing industry (−2.2%, after +1.6%), as well as in the whole industry (−2.3%, after +2.0%).
Over the second quarter of 2019, manufacturing output declined (−0.3%). Output increased slightly in the whole industry (+0.3%).
Compared with the first quarter of 2019, output grew strongly in mining and quarrying, energy, water supply (+3.8%) and it was virtually stable in “other manufacturing”. Conversely, it decreased markedly in the manufacture of transport equipment (−2.1%) and in the manufacture of coke and refined petroleum products (−6.4%). It was virtually stable in the manufacture of food products and beverages (−0.1%) and stable in that of machinery and equipment goods.
Manufacturing output of the second quarter of 2019 increased compared to the same quarter of 2018 (+1.0%), as well as in the whole industry (+1.6%).
Over a year, output of the second quarter increased in mining and quarrying, energy, water supply (+5.0%), in “other manufacturing” (+1.1%), in the manufacture of machinery and equipment goods (+3.8%) and in the manufacture of coke and refined petroleum products (+4.4%). However, it decreased in the manufacture of transport equipment (−0.5%) and in the manufacture of food products and beverages (−0.2%).
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